Negotiable Instruments Act, 1881 · Chapter XI: Of Acceptance and Payment for Honour and Reference in Case of Need
Section 115: Drawee in case of need
Where a drawee in case of need is named in a bill of exchange, or in any indorsement thereon, the bill is not dishonoured until it has been dishonoured by such drawee.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 115
No Supreme Court judgment in our database cites this section yet.